Why is Tradelink Electronic Commerce Ltd. ?
1
High Management Efficiency with a high ROE of 21.09%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 78.95
3
Poor long term growth as Net Sales has grown by an annual rate of -5.83% and Operating profit at -3.97% over the last 5 years
4
Flat results in Jun 25
- DIVIDEND PAYOUT RATIO(Y) Lowest at 70.34%
- NET SALES(Q) Lowest at HKD 121.05 MM
5
With ROE of 21.76%, it has a Fair valuation with a 2.16 Price to Book Value
- Over the past year, while the stock has generated a return of 16.16%, its profits have fallen by -14.4%
How much should you hold?
- Overall Portfolio exposure to Tradelink Electronic Commerce Ltd. should be less than 10%
- Overall Portfolio exposure to E-Retail/ E-Commerce should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in E-Retail/ E-Commerce)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Tradelink Electronic Commerce Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Tradelink Electronic Commerce Ltd.
16.16%
1.62
17.12%
Hang Seng Hong Kong
8.25%
0.41
19.93%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.83%
EBIT Growth (5y)
-3.97%
EBIT to Interest (avg)
78.95
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.19
Sales to Capital Employed (avg)
0.71
Tax Ratio
8.26%
Dividend Payout Ratio
97.96%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
21.09%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
2.16
EV to EBIT
5.40
EV to EBITDA
4.75
EV to Capital Employed
-5.01
EV to Sales
1.48
PEG Ratio
NA
Dividend Yield
0.39%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
21.76%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
6What is working for the Company
OPERATING CASH FLOW(Y)
Highest at HKD 211.06 MM
RAW MATERIAL COST(Y)
Fallen by -8.81% (YoY
CASH AND EQV(HY)
Highest at HKD 453.34 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -122.27 %
DEBTORS TURNOVER RATIO(HY)
Highest at 9.33 times
-2What is not working for the Company
DIVIDEND PAYOUT RATIO(Y)
Lowest at 70.34%
NET SALES(Q)
Lowest at HKD 121.05 MM
Here's what is working for Tradelink Electronic Commerce Ltd.
Operating Cash Flow
Highest at HKD 211.06 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (HKD MM)
Cash and Eqv
Highest at HKD 453.34 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -122.27 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 9.33 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -8.81% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Tradelink Electronic Commerce Ltd.
Net Sales
Lowest at HKD 121.05 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (HKD MM)
Dividend Payout Ratio
Lowest at 70.34%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Non Operating Income
Highest at HKD 0.27 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






